Kone explores partnership to bid for Thyssenkrupp elevator business: sources

Kone explores partnership to bid for Thyssenkrupp elevator business: sources

FILE PHOTO: A logo of Thyssenkrupp AG is pictured at the company’s headquarters in Essen, Germany, November 21, 2018. REUTERS/Thilo Schmuelgen September 5, 2019 By Edward Taylor, Christoph Steitz, Tom Käckenhoff and Arno Schuetze FRANKFURT/DUESSELDORF, Germany (Reuters) – Finland’s Kone <KNEBV.HE> is considering teaming up with a private equity partner to pull off a bid for Thyssenkrupp’s <TKAG.DE> elevator business, three people familiar with the matter said. Kone has long been interested in Elevator Technology…

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South Africa tries to contain ‘Afrophobia’ fallout as riots upstage summit

South Africa tries to contain ‘Afrophobia’ fallout as riots upstage summit

FILE PHOTO: South African President Cyril Ramaphosa attends the opening day of the International Labour Organization’s annual labour conference in Geneva, Switzerland June 10, 2019. REUTERS/Denis Balibouse/File Photo September 5, 2019 By Wendell Roelf and Alexander Winning CAPE TOWN (Reuters) – South African ministers promised on Thursday to tackle the prejudice fuelling a wave of riots and xenophobic attacks, as growing international anger over the violence overshadowed a pan-African economic conference in Cape Town. President…

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Mexico prepares for migration meeting as U.S. deal expires

Mexico prepares for migration meeting as U.S. deal expires

Mexico’s President Andres Manuel Lopez Obrador attends a news conference at the National Palace in Mexico City, Mexico August 30, 2019. REUTERS/Henry Romero September 5, 2019 MEXICO CITY (Reuters) – Mexico is preparing to set out the steps it has taken to curb illegal immigration under a deal struck with U.S. President Donald Trump in June to cut the number of Central American migrants traveling through Mexico to the U.S. border. Under the accord which…

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Slack shares tumble after dismal forecast

Slack shares tumble after dismal forecast

FILE PHOTO: The Slack Technologies Inc. logo is seen on a banner outside the New York Stock Exchange (NYSE) during thew company’s IPO in New York, U.S. June 20, 2019. REUTERS/Brendan McDermid September 5, 2019 (Reuters) – Shares of Slack Technologies Inc <WORK.N> tumbled 14%, wiping out nearly all their gains since the company’s listing in July, after the workplace messaging firm warned of slower revenue growth amid intensifying competition. The business-focused messaging and communications…

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Nurture peace and make it last, Pope tells post-war Mozambique

Nurture peace and make it last, Pope tells post-war Mozambique

Faithful dance as they welcome Pope Francis for an interreligious meeting at Maxaquene Pavilion in Maputo, Mozambique September 5, 2019. REUTERS/Yara Nardi September 5, 2019 By Philip Pullella and Manuel Mucari MAPUTO (Reuters) – Pope Francis urged the people of Mozambique on Thursday to nurture their hard-earned peace and strive to provide equal opportunities for all so as not to slip back into civil war. Francis addressed President Filipe Nyusi of the ruling Frelimo party…

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Taliban suicide bomber kills at least 10 civilians, two foreign force members in Kabul

Taliban suicide bomber kills at least 10 civilians, two foreign force members in Kabul

A wounded man receives treatment at a hospital after a suicide attack in Kabul, Afghanistan September 5, 2019. REUTERS/Omar Sobhani September 5, 2019 By Abdul Qadir Sediqi and Rupam Jain KABUL (Reuters) – A Taliban suicide blast in the center of Kabul killed at least 10 people and wounded more than 40 on Thursday, destroying cars and shops in an area near the headquarters of Afghanistan’s NATO force and the U.S. embassy, officials said. The…

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Recession risks rise for Germany as industrial orders plunge

Recession risks rise for Germany as industrial orders plunge

The skyline, with the banking district and the European Central Bank (ECB) visible, is photographed in Frankfurt, Germany, August 13, 2019. REUTERS/Kai Pfaffenbach September 5, 2019 By Michael Nienaber BERLIN (Reuters) – German industrial orders fell more than expected in July on weak demand from abroad, data showed on Thursday, suggesting that struggling manufacturers could tip Europe’s biggest economy into a recession in the third quarter. Germany’s export-reliant economy is suffering from slower global growth…

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Putin rebuffs call by Japan’s Abe to sign World War Two peace treaty

Putin rebuffs call by Japan’s Abe to sign World War Two peace treaty

Russian President Vladimir Putin opens a plenary session of Eastern Economic Forum in Vladivostok, Russia September 5, 2019. Alexander Nemenov/Pool via REUTERS September 5, 2019 VLADIVOSTOK, Russia (Reuters) – Russian President Vladimir Putin told his Japanese counterpart Shinzo Abe on Thursday that Tokyo’s military ties with the United States and many other issues made it hard for Japan and Russia to sign a World War Two peace treaty. Putin made the comment at an economic…

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Bullish outlook ebbs for Canadian dollar as market eyes BoC rate cuts: Reuters poll

Bullish outlook ebbs for Canadian dollar as market eyes BoC rate cuts: Reuters poll

FILE PHOTO: A Canadian dollar coin, commonly known as the “Loonie”, is pictured in this illustration picture taken in Toronto January 23, 2015. REUTERS/Mark Blinch September 5, 2019 By Fergal Smith TORONTO (Reuters) – The Canadian dollar will strengthen less than previously thought against its U.S. counterpart over the coming year, held back by global trade uncertainty and expected interest rate cuts by the Bank of Canada, a Reuters poll predicted. Thursday’s poll of more…

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Fashion brand Zara seeks to distance itself from Hong Kong controversy

Fashion brand Zara seeks to distance itself from Hong Kong controversy

FILE PHOTO: The logo of the Zara store is seen in a mall at Vina del Mar, Chile July 14, 2019. REUTERS/Rodrigo Garrido September 5, 2019 BEIJING/MADRID (Reuters) – Spanish fashion brand Zara, seeking to avoid becoming embroiled in controversy over protests in Hong Kong, issued a statement on Chinese social media expressing support for China’s sovereignty over the Asian financial hub. Zara, owned by the world’s biggest clothing retailer Inditex <ITX.MC>, made its statement…

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